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by GavinMcG 1662 days ago
Odd that it describes a slowdown in growth of labor productivity as a "productivity slowdown." As though we should be able to sustain growth infinitely. Seems like the low-hanging technological fruit has been picked, though.
1 comments

  > As though we should be able to sustain growth infinitely.
isnt that the basic assumption that underpins all of our economics though?

maybe im missing something, but minus that (overall expansion/growth), things start to look more like zero-sum?

You're not missing anything. Yes, this basic assumption underpins all orthodox liberal economics. No, it can't be true.